One Health Group makes its AIM debut
Sheffield-based One Health Group, a provider of NHS-funded medical procedures, made its debut on the AIM market
The admission saw the company, which has moved up from the Aquis market, completed its £7.8m capital raise which will fund its first owned surgical hub. The hub is expected to be operational within one year of construction and deliver between £6m and £9 million of annual revenue.
Adam Binns, CEO of One Health, said: “This is a pivotal step in advancing our mission to provide NHS-aligned healthcare through patient choice and our scalable surgical hubs and patient centric service.
“This milestone, bolstered by a successful capital raising and strong institutional investor confidence, will enable strategic expansion while maintaining our commitment to reducing patient waiting times and delivering clinical excellence with sustainable growth.
“I am excited about the prospects for the business, particularly our inaugural surgical hub which will integrate operational excellence and technological innovation to benefit NHS patients and the broader healthcare system.”
He thanked independent accountancy firm, BHP, for the role it played in the flotation. “We have been hugely grateful to BHP for its first-rate consultancy throughout the flotation process,” he said.
“The BHP team’s IFRS and wider technical expertise, hands-on approach and ability to work as an extension of our team have not only delivered additional value through this complex process but have created strong relationships which will continue as we move forward with our exciting plans for the future.”
Alex Hird, partner at BHP who leads the Financial Reporting, Advisory and Valuations (FRAV) team which worked on the AIM listing, added: “One Health Group has experienced considerable and consistent growth since its establishment.
“Having been admitted to the Aquis Stock Exchange in 2022 the business was primed for further growth, and we have been happy to offer our support through the AIM process, unlocking new growth capital for the business.
“The key to all listings whether IPOs or moving exchanges, as is the case with One Health Group, is ensuring that not only are regulatory requirements met, but that the correct advice is received throughout the process.
“We were thrilled to be able to support Adam and the One Health Group team to achieve their growth plans as the business continues on to further success and making positive impacts.”
